• They're particularly popular for first time home buyers due to the low down payment requirements for those with a reasonable credit score. (openlistings.com)
These days, the minimum down payment requirement for a 30 - year fixed - rate mortgage loan is 3 %. (homebuyinginstitute.com)
Typically, this means, that instead of making a minimum down payment requirement of 3.5 %, borrowers will be required to make a more significant down payment. (teamvitek.com)